There are plenty of people wanting to buy new homes, but not all will qualify for a mortgage because of low credit scores. How many people do you speak with that start out not even knowing what there credit scores are today? In this economy bad things happen to good people. Stories of lost jobs, home foreclosures, short sales, lower income and inability to keep up with bills are now common stories. How many people have seen there credit scores lowered because they could not keep up with medical bills because they lost medical coverage. Again, bad things happen to good people.
Working in the credit restoration industry I hear these stories and more daily. These are people that had no intention to be in the position they now are, and badly want a new home for their family to live in. Many have now recovered and have the income they need to purchase a new home, but the credit scores in the 400's or 500's now prevent that.
Working with the right credit restoration company can get these people qualified for a mortgage. My goal is not only to get them qualified, but to get them well qualified for a better rate. We all know how great the savings are by even shaving off 1% or 2% off a mortgage rate.
When looking at credit restoration companies see that they offer. Check Google and see if there are complaints or class action law suits against them. See how long their programs run (I hear stories from people being in plans over one year and not being happy with their results they are getting). Our program is 6 months or less.
Our advantage is having an owner that used to work for Experian in their Consumer Affairs Unit doing legal and compliance work for them. We offer a lifetime guarantee that anything removed is removed for life (if anything ever resurfaces we will work on it for free again). We offer a money back guarantee while in our plan if not totally satisfied.
For people help is out there with the right company. Higher credit scores will not only get them the mortgage for the new home they want, but better homeowners insurance rates, car loan rates, the ability to not pay deposits on utilities in their home and more. Many companies now when interviewing will not hire someone with a lower score. Yesterday I was speaking with a nurse that interviewed for a position elsewhere. She told me they hired someone less qualified because her score was too low for them to higher. What happened to skills and knowledge being more important?
Bad things happen to good people.........but the problem is not as important as a response to it.
Cliff
CRE Credit Services
877-477-9321 ext 737
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